How is the current Los Altos Ca Real Estate market? If we compare from June 2008 to June 2009, you will find some interesting changes:
1). Home inventory rose up from from last year’s 64 to this year 109. The numbers of sold homes rose from last year 33 to 40 this year.
2.) The average Los Altos home sold price is lower. This June sales price is $1,637.200 vs last June’s ’ $1,921,306 The median sales of June 2009 is $1,483,000 which is a drop from last June’s $1,640,000.
3.) Last June took average 20 days to sell a home however this year will need 50 days to sell a home.
This real estate trend is the same as last month. In the June of 2009 there are 70% more homes in inventory and 20 more the Los Altos homes get sold. The average Los Altos sales price dropped 14.79% and the Los Altos median price homes dropped 9.57% from last June to this June. The above data information came from the www.reil.com.
If you or someone you know is thinking of buying or selling property in Santa Clara County (Sunnyvale, Cupertino, Saratoga, Mountain View, San Jose), California, please contact me for a free 45 min. consultation to cover the complete local current real estate market. You can email me GraceKeng1@gmail.com